IT firms

67% Of Indian Firms To Outsource Key Security Functions As Cyber Attacks Spike

About 72.5 per cent of the enterprises said they use threat intelligence products or services in their organisation, and 26.5 per cent said that they plan to implement it in the next two years.

May 21, 2023, 11:07 AM IST

WFH ending for TCS, Infosys, HCL employees? Check the latest update for IT industry employees

TCS, Infosys, and HCL are expected to follow a hybrid model in the coming times. 

May 14, 2022, 16:41 PM IST

Good news for techies! IT firms told to extend Work From Home till next December in THIS state

The government has asked IT companies to encourage their required staff to use public transport or company vehicles (buses) instead of using their private vehicles. Exclusive bus lanes are created on this stretch to facilitate the smooth movement of buses, the advisory said.

Aug 25, 2021, 10:49 AM IST

MFs bet big on IT sector; exposure soars to all time high in April

Since January, MF houses have increased weight on the sector, which gets a major chunk of its revenues in US dollars.

May 30, 2018, 17:59 PM IST

Committed to 6.5-8.5% revenue growth: Infosys COO

IT services giant Infosys on Tuesday said it remains "committed" to its guidance of 6.5-8.5 per cent revenue growth this year even as some clients ask for projects to be carried out at 30-40 per cent lower costs than before.

Jun 07, 2017, 20:36 PM IST

Narayana Murthy tells IT honchos to take less salary and avoid layoffs

Seeking to allay fears of slowdown in the Indian IT industry affecting jobs of techies, software major Infosys co-founder N.R. Narayana Murthy on Thursday advised executives to take home less pay and avoid lay-offs at the middle and lower rungs.

Jun 01, 2017, 22:55 PM IST

No mass layoffs; workforce realignment happens every year: Nasscom

Stating that the reports of mass layoffs were incorrect, it said workforce realignment, linked to performance appraisal processes, is a regular feature every year.

May 12, 2017, 22:17 PM IST

After Infosys and Wipro, now Tech Mahindra looks to lay off hundreds on 'performance' ground

After Infosys and Wipro, it's now IT firm Tech Mahindra that could hand out pink slips to hundreds of employees as it looks to "weed out bottom performers".

May 10, 2017, 23:57 PM IST

Infosys defends pay hike to Vishal Sikka, says decision in company's interest

IT major Infosys on Wednesday defended pay hike to chief executive Vishal Sikka and the severance package of two former senior executives saying all decisions were made "in the overall interest of the company", amid reports of simmering differences between the CEO and its founders.

Feb 08, 2017, 16:32 PM IST

Silicon Valley wants 'dramatic expansion' of H1-B visa: Veritas CEO

With IT firms struggling to find quality and right number of professionals, a top American CEO has called for a "dramatic expansion" of the H-1B visa scheme -popular among Indian tech firms- to meet the growing demand.

Feb 19, 2016, 12:07 PM IST

Angela Merkel arrives in Bengaluru, will talk technology

Karnataka Chief Minister Siddaramaiah greeted Merkel on her arrival at the Kempe Gowda international airport with a shawl and a bouquet of flowers.

Oct 06, 2015, 08:56 AM IST

STPI to sponsor over 100 start-ups for CeBIT show

To promote domestic start-up companies, state-run Software Technology Parks of India (STPI) will sponsor over 100 such new age IT firms during the three-day CeBit India exhibition, which is scheduled to begin from October 29 in Bengaluru.

Oct 04, 2015, 11:30 AM IST

TCS, Wipro, Infosys and others form consortium to penetrate Chinese market

In a significant initiative to break into the highly-regulated Chinese market, five top Indian IT firms have for the first time formed a consortium to work on big-ticket projects planned by China's southwest Guizhou province, which includes a major cloud-based data centre.

Sep 30, 2015, 23:49 PM IST

Silicon Valley perfectly poised to help transform India: USIBC

The Silicon Valley is perfectly poised to help transform India into a more networked and connected society, a top American industry advocacy Friday said.

 

Sep 25, 2015, 20:43 PM IST

Shiv Nadar, Sanjay Kalra line up $500 mn to buy IT firms

The investment firm, Shiv Nadar & Sanjay Kalra Associates LLP (SNSK), will focus on healthcare technology investments.

Sep 14, 2015, 15:41 PM IST

India IT behemoths revamp culture to attract young talent, battle start-ups

Those young set-ups say they go beyond cookie-cutter solutions and argue that they do the job more quickly and for less.

Jun 18, 2015, 08:50 AM IST

AAP in talks with IT cos for Wi-Fi in Delhi

The initial talks are being held by party volunteers, many of them holding senior positions in IT companies, to make the process easy for the bureaucrats once the new government starts implementing the promises made by AAP.

Feb 13, 2015, 17:36 PM IST

Lay-off by IT firms matter of serious concern: Dattatareya

Voicing concern over lay-offs in some IT firms, besides labour troubles in Nokia and Foxconn in Tamil Nadu, the Centre today said it will adopt "conciliatory approaches" when the issues reach them as these matters are handled by state governments.

Jan 10, 2015, 23:00 PM IST

Mastek eyes Rs 900 cr revenue in FY'15

Mastek, Mumbai-based listed IT firm, is looking at increasing its annual revenue to Rs 450 crore each from global insurance and non-insurance businesses in the current fiscal.

Sep 15, 2014, 19:26 PM IST

Mastek shares zoom over 16% on demerger plan

Shares of IT firm Mastek soared over 16 percent today as the board of directors of the company approved demerger of insurance products and services business into a separate listed company.

Sep 15, 2014, 18:33 PM IST